I know many people who started flipping in this manner, in fact, it was my idea to get myself started this way.

@Steve Babiak Can the title company typically run that as an added service to the standard title search?

All our team is in-house start to finish!

I'm a CT based real estate investor and own a property management company. 

Is this a good starting point?

, When did the lease start/end? 

You can close in the business name/LLC here.You are not required to have your investment property in the business name, however, some lenders and bank may require it if they are a purely business purpose, lending institution who servicing companies, mandate commercial purpose only.And yes, finally you can get landlord insurance.I recommend shopping around and comparing a few quotes to get started happy to connect to talk further strategy and detail.

But, this might not exist prior to close.Although I'm just starting out and don't know too much, I would think having your tenants sign estoppel certs during escrow (as @Aaron K. suggested, to which I just learned) is necessary so as to avoid any unwarranted legal disputes. 

Start with the bottom line, then add back mortgage interest, property taxes/ insurance/HOA fees (assuming they are escrowed), and any noncash and onetime/extraordinary expenses, such as depreciation.

Quote from @Miguelli Fernandez: Been doing a lot of research and prep work and feeling ready to start putting offers.